More Advanced Features of Enterprise Portals Include All of the Following

question 95

Multiple Choice

More advanced features of enterprise portals include all of the following except:

• A) customer misleading
• B) email
• C) travel reservation applications
• D) expense reporting

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Definitions:

Freedom to Enter

The condition in a market where new firms can enter the industry without facing prohibitive barriers or regulations.

Opportunity Costs

The cost of forgoing the next best alternative when making a decision or choosing between options.

Diminishing Marginal Utility

The principle that as a consumer consumes more of a good or service, the additional satisfaction gained from each additional unit decreases.

Command Systems

Economic systems where the government or a central authority makes all decisions about what goods and services are produced, how they are produced, and who gets them.